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Documented Problem Solving: International Trade and Comparative Advantage part of Teaching Methods:Documented Problem Solving:Examples
The concept of comparative advantage is used to make a decision about specialization and trade. The microeconomic impact is also included.

Documented Problem Solving: Adjustment of Output and Inflation to a Demand Shock part of Teaching Methods:Documented Problem Solving:Examples
In this macroeconomics problem, students check to see whether they understand the role nominal aggregate demand and inflation expectations play in determining the economy's output level and inflation rate.

Documented Problem Solving: Calculating Equilibrium Output part of Teaching Methods:Documented Problem Solving:Examples
This document is a Docoumented Problem Solving exercise that utilizes the Keynesian model of the macroeconomy.

Documented Problem Solving: Foreign Exchange Rates - Supply and Demand part of Teaching Methods:Documented Problem Solving:Examples
In this assignment, students think about four events that would affect a country's exchange rate. Without actually drawing a supply and demand diagram, students say what direction, if at all, each curve would shift–and whether the currency would appreciate or depreciate as a result.

Documented Problem Solving: Gross Domestic Product Versus Gross National Product part of Teaching Methods:Documented Problem Solving:Examples
The topic of gross domestic product (GDP) was introduced in class. The components of GDP - consumption, investment, government spending, and net exports - were discussed. The items that are excluded from GDP and ...

Documented Problem Solving: Calculating Gross Domestic Product part of Teaching Methods:Documented Problem Solving:Examples
Gross domestic product (GDP) was introduced in class as a way to determine the value of a country's output. Consumption, investment, government spending, and net exports were discussed as the components of ...

Documented Problem Solving: The Impact of a Minimum Wage part of Teaching Methods:Documented Problem Solving:Examples
During the lecture, labor demand and labor supply were discussed and were used to determine the equilibrium wage rate. Then, the concept of a minimum wage rate was introduced and the impact of the wage rate on the ...

Statistical Graphs: Aids Cases and Deaths by Year and Historical Poverty in the US part of Teaching Methods:Quantitative Writing:Examples

Two Views of a Tax Cut part of Teaching Methods:Quantitative Writing:Examples

Tax Game part of Teaching Methods:Teaching with Simulations:Examples
The link between a set of taxes and income distribution is an important, but difficult, concept taught in economics principles courses. The Tax Game simulation requires a student to set tax rates for an income tax, a property tax, a wealth tax, a payroll tax, a corporate income tax, a sales tax,and an excise tax. The student can choose any rates he or she wishes, but must achieve a given revenue target.